True North Copper Limited · ASX:TNC

True North Copper — Investor Presentation (April 2025)

18 slides from True North Copper's investor presentation, Apr 2, 2025

  1. Slide 1: Growing Queensland's next major Copper Resource

    Growing Queensland’s next major Copper Resource ASX: TNC April 2025

  2. Slide 2: Investment Highlights

    Investment Highlights Tier 1 Jurisdiction Unlocking the Growth Revised Business potential at Mt opportunities at Strategy Highly prospective Oxide Cloncurry Copper portfolio of copper Project (CCP) Strong balance resource and sheet, refreshed Limited exploration exploration assets board and beyond t

  3. Slide 3: True North Copper Assets

    True North Copper Assets Mt Oxide TIER 1 JURISDICTION Mt Isa Inlier, NW QLD Project AUSTRALIA MT OXIDE PROJECT (100% TNC)  Highly prospective, underexplored large mineral system. Capricorn Flamingo Copper  Vero Resource extension potential to depth and (Concentrator) along strike.  Multiple drill

  4. Slide 4: Corporate Snapshot

    ASX: TNC CORPORATE SNAPSHOT Corporate Structure Board of Directors Pre 31 March Voluntary 2025 Administration Shares on issue 1,029.9M 127.38M Options/Performance Rights on issue 15.4M 5.65M Paul Cronin Bevan Jones Tim Dudley Paul Frederiks Warrants on issue 46.4M 0.46M Non-Executive Managing Non-Ex

  5. Slide 5: Reset to Explore, Optimise and Add Value

    Mt Oxide District Reset to Explore, Optimise and Sed Hosted Cu-Ag-Co Vero Add Value PROJECT AREA Capricorn Copper MT OXIDE  Drilling new open-pittable targets along Mt Oxide trend identified from 2024 exploration campaign. Cloncurry  Expand high grade resource base. District  Advanced exploration

  6. Slide 6: Forward Program Summary

    Exploration & Resource Development Forward Program Summary AIMS:  Rapidly grow the Cloncurry Copper Project Life of Mine through discovery of additional new resources adjacent to current pits and infrastructure.  At Mt Oxide, build a regionally significant district of multiple new shallow high-gra

  7. Slide 7: Cloncurry Copper Project (CCP)

    Ernest Henry Cloncurry Copper Rocklands Cu Cloncurry Operations Hub Great Australia Mine Project (CCP) Mt Isa Salebury 82 km Rocklands South GA Orphan Taipan Shear Barkly Hwy Tanbah  Extend mine life  Grow/convert resource base Marimo Trend Wallace North  Test scale opportunity Wallace South  Op

  8. Slide 8: Exploration Targets

    Cloncurry Copper Project Exploration Ernest Henry Strategic exploration package in Cloncurry, drilling targets and exploration of large-scale mineral systems. GREAT Eight high priority drill ready targets at Great Great Australia Resource Targets AUSTRALIA Cloncurry Mine Australia Mine (GAM) Operati

  9. Slide 9: Great Australia Mine

    Cloncurry Copper Project Great Australia Mine GAM’s drill-ready targets (on existing mining leases) include highly prospective geophysical targets that are near pit Orphan Shear discovery opportunities to expand the current mine life and Target 2023 IP optimise the mine plan. Target I  First hole c

  10. Slide 10: Coppermine Creek

    Cloncurry Copper Project Great Australia Mine Complex - Compelling IP targets Multiple strong shallow chargeability anomalies being drill tested  high priority near-mine growth targets Taipan Resource Mineralisation coincident with Coppermine Creek Whip Target Section Y-Y’ chargeability anomaly Tar

  11. Slide 11: Wallace North & Surrounds

    Cloncurry Copper Project Wallace North & Surrounds New near-resource targets indicate larger underexplored Iron ML 90236 & 100077 Sulphide Copper Gold (ISCG) mineral system 6 conceptual holes for 1,000m to test for offset continuations of  Exploration focused on targeting resource extensions and ne

  12. Slide 12: Wallace North & Surrounds Chargeability

    Cloncurry Copper Project Wallace North & Surrounds Priority targets of high order IP and EM anomalies already defined. New EM underway to define a series of targets for drill testing second half of the year. ML 90236 & 100077 Target 1 Target 2 Target 3 Chargeability - Conductivity Chargeability dril

  13. Slide 13: Mt Oxide Project

    Mt Oxide Project Vero 2024 Resource 15.03 Mt at 1.46% Cu & 10.59 g/t Ag for 220 kt Cu & 5.13 Moz Ag Lady (Indicated and Inferred) Annie Capricorn Mt Oxide Project Copper Mount Kelly  Drill new targets Mount Isa Corridor  Expand high grade resources Mount Gordon Corridor Mount Remarkable Corridor 

  14. Slide 14: Underexplored +10km Prospective Trend

    Mt Oxide Project Underexplored +10km Prospective Trend Mt Gordon 6 medium & low priority RC for a total of 1,300m  Limited systematic modern exploration outside of the Vero Aquila Resource. 6 RC holes including 4 high priority holes for a total of 1,300m  Significant opportunity to apply leading-e

  15. Slide 15: Camp Gossans & Black Marlin

    Mt Oxide Project Camp Gossans & Black Marlin  Multiple large scale geophysical anomalies in prospective geological settings similar to Vero  untested Vero scale targets e.g. Camp Gossans.  Reconnaissance mapping of geophysical target identified the NEW BLACK MARLIN target outcropping at surface 

  16. Slide 16: Thank you

    Thank you Bevan Jones Bevan.Jones@truenorthcopper.com.au ASX: TNC

  17. Slide 17: Important Notices and Disclaimer

    IMPORTANT NOTICES AND DISCLAIMER This presentation (Presentation), together with any information communicated by True North Copper Limited ABN 28 119 421 868 (the JORC Company or True North), in any presentation or discussion relating to this Presentation (collectively, Information) is confidential,

  18. Slide 18: Appendix 1 – TNC Mineral Resources

    Appendix 1 – TNC Mineral Resources Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Resource Category Resource Category (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) (koz) (kt) (Moz) (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) koz) (kt) (Moz) Great Australia Mt Oxide – Vero Copper-Silve

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